Science & Technology

Siemens and Microsoft to Work Together on AI Assistant

The German industrial giant Siemens AG, in cooperation with the technology giant Microsoft,  develops a virtual assistant based on artificial intelligence.

Siemens and Microsoft to Work Together on AI Assistant

This development is designed to improve the interaction between people and machines in manufacturing. Siemens Industrial Copilot uses generative artificial intelligence, which provides consumers with the ability to create, optimize, and debug automated code as a time-saving tool. The relevant information is contained in the press release of this company, which was published on Tuesday, October 31.

The industrial giant claims that using a virtual assistant will help save time on tasks. The company says that those processes that fruitioned to take several weeks to complete can now be implemented in a few minutes.

Microsoft is a kind of pioneer in integrating generative artificial intelligence co-pilots into its services and products. This technology giant has invested more than $10 billion in OpenAI, which has developed the world’s most popular chatbot based on machine intelligence called ChatGPT. Currently, Microsoft is actively cooperating with other firms to create copilots that will allow you to quickly and automatically solve various tasks in such spheres as industry, mechanical engineering, automotive, and consumer goods production. The technology giant’s investment in OpenAI has allowed the Azure cloud platform to rapidly increase revenue.

The chief executive officer of Siemens, Roland Busch, says that applying virtual assistants based on artificial intelligence can become a kind of source of revolutionary transformation of design, development, production, and operation methods. According to him, the expansion of human-machine interaction provides engineers with the opportunity to speed up the process of creating code. He also noted that in this case there are prospects for solving the problem of shortage of qualified labor.

German car supplier Schaeffler AG is already using copilot to create the code needed to program automation systems and reduce downtime in factories.

Companies are also integrating Microsoft Teams with Siemens Teamcenter software, which is applied for product lifecycle management. The media reports that the industrial giant’s solution will be available for customers of the American technology giant from December this year. After integration with the help of software, the consumer will be able to optimize virtual cooperation between design engineers, frontline workers, and teams performing various business functions.

Microsoft claims that virtual assistant users will retain full control over their data. The tech giant said that consumer information is not applied to train basic artificial intelligence models.

At pre-market trading on Tuesday, October 31, the value of Microsoft shares increased by 0.5%. Since the beginning of this year, the technology giant’s securities have increased in price by 40%.

Interest in artificial intelligence in the technology sector in general and among the leaders of this industry in particular is at a very high level. But in the practical plane, the scale of implementation of projects related to the use of advanced technology is still very limited. Most of the relevant initiatives are in the early stages of development. At the same time, it should be taken into account that the mentioned projects are innovative, which is why the process of scaling them for natural reasons will be gradual.

The results of the Nash Squared study, published on Monday, October 30, indicate that every tenth organization out of more than 50,000 respondent companies around the world has already begun large-scale implementation of artificial intelligence. Among industry representatives, 73% of respondents said that, in their opinion, the advantages of machine intelligence outweigh the disadvantages.

Microsoft CEO Satya Nadella suspends that the next generation of artificial intelligence will provide a unique opportunity to accelerate the implementation of innovative solutions throughout the industrial sector.

As we have reported earlier, TCS Plans to Use Microsoft AI Partnership for Business Growth.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.